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Alphabet’s free cash flow sinks further, Q3 capex expectations miss in worrying sign for AI trade
- Alphabet shares fell as much as 15.8%, erasing more than $550 billion in market value after quarterly revenue and advertising results missed expectations.
- Alphabet reported third-quarter free cash flow of negative $9.07 billion, down from negative $5.9 billion in the second quarter, as AI infrastructure spending increased.
- Alphabet said it had roughly $1 trillion in future purchase commitments and expected to spend about $200 billion on capital projects in 2026, rising to $300 billion in 2027.
- Google’s AI Mode had lower monetization, while the company was expanding advertising in AI Mode and AI Overviews.
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284 Articles
The key indicators on Wall Street declined at the opening of the trades today Thursday, amid renewed concerns about the sharp rise in investment costs in artificial intelligence.
·Syrian Arab Republic (the)
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Alphabet Is Having a Very Rough Day on Wall Street
A potentially historic drop for Alphabet's stock is dragging the US market lower Thursday after the company behind Google and YouTube reported wearer growth for the summer than analytics expected. Alphabet is one of the most influential stocks on Wall Street because it's one of the larget, and its 12%...
·Miami, United States
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Coverage Details
Total News Sources284
Leaning Left47Leaning Right40Center68Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 30%
C 44%
R 26%
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